Tuesday, November 13, 2012

SunTrust to raise $1.4 billion in stock offer - Birmingham Business Journal:

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billion through a stock offering to boosf its capital to meet federaplgovernment requirements, the Atlanta-based bank said The Atlanta-based bank wantsd to sell 108 million shares at $13 a In relation to the offering, SunTrust (NYSE: STI) suspended its previouslt announced $1.25 billion “at the market” offer, whicgh raised $260 million. SunTrust began an offer to buy upto $1 billiob liquidation preference or amount of certain of its currently outstandinfg preferred and hybrid securities for cash using proceeds from the $1.4 billiojn equity offering. The movew come after the federal government’s “stressd test” found SunTrust needed to raise $2.
2 billion in And while SunTrust had sufficient tier 1 capitalk to absorb projectedloan losses, its capita l “tilted too strongly” to sourceas other than common equity, the stress test After completing the offerings announced Mondat and prior, SunTrust expects to have fully satisfief its obligation. "Today's announcemeny underscores that we are on a clear path to achievse our previously announced capital objectives as we intensifh our focus onthe future," said James M.
Wells III, SunTrusr chairman and CEO, in a Wells also noted completion ofthe company's capital-related initiativesw will boost its ability to repay, upon regulatoryh approval and at the appropriatde time, preferred stock gotten through participation in the U.S. Treasury's Capitall Purchase Plan.

Monday, November 12, 2012

Will Location Analytics Change How Midsize Interacts With Customers? - Midsize Insider

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Will Location Analytics Change How Midsize Interacts With Customers?

Midsize Insider


Location analytics may bring added value to organizations' data mining activities by offering broader and more detailed ways to look at customer behavior. By looking at what people do, what paths they take, and what they buy, it may be possible for ...



and more »

Friday, November 9, 2012

Real deals: Brentwood Tower Apartments sold for $5.35M - Business First of Columbus:

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The 100-unit apartment built in the early 1960s, is located at 3130 W. Louisian Ave. Tower 100 LLC, which is affiliatefd with residential developer Residential Niche LLCof Denver, purchase d the apartments from Win Properties I LLC of Residential Niche specializes in the development of urbaj infill for-sale and rental residential properties, and its projectsa include the Sleek lofts and Vida apartmentxs in Denver. Win Properties bought the buildint in 2005for $6.54 million, according to Denver County propertyt records.
Other recent significant Denver-areaa real estate deals, according to real estatse recordsand brokers, • Gateway Park IV-Denver property, Denverf — Indano Holdings LLC of Greenwood Village sold this property for $2.967 million to WPB Hospitality LLC of • 450 E. 17th Ave., Unit 300, Denver, 80203-1254 — Mile High Bank sold this office condominiunfor $2.93 million to BNC Building Co. LLC. The buyerf is affiliated with Business NetworkConsulting Ltd. of according to Colorado Secretary of StateOffice data. • Montbello property, Denver — ProLogis Inc. PLD) of Denver sold for this propertyfor $1.8y million to JSG Propertie LLC of Manhattan, Kan.
Country Club Shoppette, 1700 E. Sixth Ave, Denver, 80218-3616 — Larimer Associates as Country ClubShoppette LLC, purchased this retaio building for $1.15 million, according to Denvere County real estate records. Larimerf Associates also owns downtown Denver’s Larimer Square retai l district. The seller was Country Club Shoppetter LP. Tenants in the building include Oliver’s Meat Market and Borgman’d Antiques. • Concord Business Center, 13110 E. Jamesa Casey Ave., Englewood, Colo. 80112 — Playtime Inc.
leased 65,2809 square feet of industrialspace Playtime, a provider of themed playgrounds, plans to occupt the space in August, according to the Fredericik Ross Co., which represented the landlord in the leasse deal. • Quad at Lowry, 7901 E. Lowrh Blvd., Denver, Colo. 80230 — Kaiser Foundation Healthy Plan of Colorado hasleasecd 17,083 square feet at this Lowry office Frederick Ross represented the landlord. Sixth Avenue West, 350 Indiana St., Golden, 80401 — Golden Minerals Co. leased 16,936 square feet of space in thisofficee building. The Ross company represented the landlord. Golden Mineralsa is the successor to Apex SilvetMines Ltd.
(Pink Sheets: APXSQ), which emerged from Chapter 11 bankruptcyh protection as Golden Mineralsin March. • Guarantyg Bank Building, 1331 17th St., Colo. 80202 — David Evanss & Associates Inc. leased 16,787 square feet in this LoDo officde building. Ross represented the landlord. • Buerger Brothers 1732 Champa St., Denver, Colo. 80202 — Barnhart Communications Inc. is movin its headquarters officeto 8,500 square feet of space in the Buerget building, opening in its new spacde June 22, according to The communications company currently is located at 1819 Wazee St. in downtown • 16618 E. Second Ave.
, Aurora, 80011 — Judco Storage Propertiexs LLC hasleased 5,000 square feet of space at this warehous to Denver Limo Inc. Gruber Commercial Real Estatre Services represented both sides inthe

Wednesday, November 7, 2012

Study: Bank

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Brand image and the impact of the initia l visit by a potential customer can be paramount to the final decision regarding whicbh retail bankto choose, a national studyt has found. According to the J.D. Power Associates retail bank shopping study, released 36 percent of a consumer’s decision to choosw a bank is driven by thefinancial institution’s branr image, followed by branch location at 21 percent.
“Some crucial aspecte of a bank’s brand image such as perceived financial stability andreliability — can be difficult for a bank to which negatively affects the bank’ s likelihood of being selected,” said Michaekl Beird, director of the banking practice at J.D. Power. branch employees can positivelg impacta bank’s brand image by providing personakl service, communicating proactively and having a customer-driven focus.” Nearlyg a third of customerw who avoid using a particular bank have done so because of a previouds bad experience with that brand, the studyu showed.
Word-of-mouth recommendations — positivee or negative — also figure into the selection process, with 31 percent of respondentes ranking that as an importan part ofthe bank’s brand image. The studty also showed that a customer’s satisfaction with setting up a new account increases considerably when bank employees show alittle enthusiasm. Greetinh the customer when he or she enterzthe bank, keeping wait times to under five minutes, callingt the customer by name and providing a detailed needs assessment were among the items bank customerss mentioned as important to the selection process. The J.D.
Power study, conducted in Februarh and March, was based on responses from morethan 7,5000 bank customers shopping for a new bank withinj the past 12 months.

Friday, November 2, 2012

Conference Board: 43% of Internet users now in social networks - Dallas Business Journal:

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Of web users, 43 percent use a social networking website, up from 27 percent last year, the nonprofiyt global research group said. in its quarterlt Consumer Internet Barometer. The most popular site is used by 78 percent of social network followed byMySpace (42 percent), LinkedIn (17 and (10 percent). The survey tracksd about 10,000 Internet-equipped households It said seniors age 55 and older are quickly increasing their use ofsocial networks, up from 6 percent last year to 19 percent this year. Womejn are more likely than men touse social-network siteas (48 percent versus 38 percent).
The majority of user s log on at home, The Conference Boardf said, with a quarter logginy on at work, and 10 percent connectin g throughtheir phone. More than half say they log on at least oncea day. ""Online social networks are more than just a fad amonf theyounger generation," Lynn Franco, directort of The Conference Board Consumer Research said in a statement Tuesday. "They've become an integral part of our personakl andprofessional lives. They’re an effective way to keep in toucjwith people, connect with friends and and network with colleagues. "Social media will also transformj marketing as weknow it.
They’re powerful communication tools, and are becoming an essential part of successfulmarketint strategies." The survey said Facebook is equally populat among men and women, while women are more likely than men (47 percenft versus 35 percent) to use MySpacse and more men than womemn (21 percent versus 15 percent) use Users of the micro-blogginy site Twitter say their top reasons for are to connect with friends (42 update their status (29 percent), look for news (26 and for work-related reasons (22

Thursday, November 1, 2012

Washington, D.C. Real Estate Jobs - View Washington, D.C. Real Estate Jobs

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